Navigation Satellite Systems Marketis forecasted to grow at a CAGR of around 10% during 2016-2022: Radiant Insights

The Global Navigation Satellite System (GNSS) industry plays a vital role in the ability of the countries to determine the position, velocity and local time from satellites in space. Over the past few years, the rapid growth in GNSS commercial applications has been observed by the firms building navigation satellites and equipments. The advancement in technology and increasing interest in positioning techniques based on Global Navigation Satellite Systems (GNSS) such as Global Positioning System (GPS), cellular network infrastructure or on the integration of the two technologies for applications such as Automatic Vehicle Location (AVL), tracking systems, navigation has led to development in the navigation system of various countries such as US, India, China etc. Backed by such developments and advancement, GNSS market is forecasted to grow at a CAGR of around 10% during 2016-2022.

In this latest research study “Global Navigation Satellite Systems Market Outlook 2022”, ‘ analysts have identified and deciphered the market dynamics in important segments, thus clearly highlighting the areas offering promising possibilities for companies to boost their growth. The report studies the market by its major application and location based services, transportation (further divided into road navigation, rail navigation, air navigation and marine navigation), surveying activities and agriculture.

Besides, the report also provides a complete overview of the GNSS market globally. All the current trends & drivers coupled with potential growth areas of the GNSS industry have been evaluated in the report. Furthermore, the report provides a profound knowledge of opportunities in the industry for different companies in the chapter named ‘Opportunity Assessment’.

The report further delves into the present state and future outlook of the LBS and Telematics markets on the geographical front, highlighting 10 most significant GNSS markets around the world that are US, Canada, UK, France, Germany, Russia, Japan, China, South Korea and India. It also provides insights into their personal navigation systems, such as US’ GPS, China’s BeiDou, Europe’s Galileo, Russia’s GLONASS, Japan’s QZSS and India’s IRNSS.

Finally, our study focuses on global leading industry players, with information such as company’s business overview, current and historical financials, product portfolio, recent developments, and strength & weakness analysis. All in all, the report provides all the prerequisites for intending clients looking out to venture into this industry, and facilitates them to analyze and understand the opportunities existing in this industry.

The Saudi Arabia education sector is expected to grow exponentially on the back of a rising population, increasing private sector participation and growing demand for skilled workforce. Over 50 public and private universities are providing academic and vocational training across the Kingdom. The country is also making concrete efforts towards developing its education sector at the primary, secondary, and higher education levels in order to satiate future knowledge demand. This market research report provides in-depth study of Saudi Arabian education sector in terms of Kindergarten, General Education, etc. Our research is an outcome of extensive primary & secondary research, where industry trends are being identified. Additionally, we have identified some of the potential courses, which are not the preferred courses, but are anticipated to become popular mainly due to increasing demand of skilled labor and various other initiatives.

The Asian convenience store industry has gained widespread popularity under the garb of increasing disposable income and various value added services provided by the modern retail outlets, replacing the traditional unorganized retailers. Active participation of international retailers, such as 7-Eleven, Familymart, and Ministop, and increasing demand of convenient shopping has led to rise in the number of convenience stores, thereby driving the Asian convenience store industry. Convenience stores offer speed of service to time-starved consumers who want to get in and out of the store quickly. These shoppers recognize this channel of trade for its convenient locations, extended hours of operation, one-stop shopping, grab-and-go food service, variety of merchandise and fast transactions.

About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.